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554 SPANISH DRIVE S

Condo/Co-op For Sale
$425,000

BTC: 5.27950311

ETH: 160.37735849

New
2 bds
2 ba
1,326 sqft

Overview

Virtually Staged. Welcome to Spanish Main Yacht Club waterfront community and your new home! Light and bright, this stand-alone villa is all new and beautifully updated in 2026. White marble-like large porcelain tile floors that span the entire living area, providing a continuous flow throughout the villa. The new kitchen boasts stainless steel appliances, white quartz countertops, new cabinetry, lighting and more. Attractive updates in the primary en suite bedroom and guest bath as well. A nice added feature is the spacious interior laundry room. Beautiful, lush backyard view with privacy and an extra brick paver side yard and outdoor space. A short stroll to the privately deeded beach entrance to gorgeous Gulf beaches. Two minutes to have your toes in the soft, pearly sand. This is a boater’s paradise with slips available for an extremely inexpensive lease and direct access to Sarasota Bay, the Intracoastal waterway and azure waters of the Gulf. Only a short drive to the fantastic shops, restaurants and cultural events Sarasota and St. Armands Circle have to offer. This is a great investment opportunity and chance to enjoy Longboat Key living. The community is in the build-back stage due to damage from hurricanes in 2024 and is almost complete. All 212 units in Spanish Main are under FEMA requirements, guidelines, and stringent adherence to rebuild specifications and inspections from Town of Longboat Key. This is an opportunity to continue to make this villa your custom home.

Location

Details

Type:
Residential
Parking:
Covered / Driveway / Ground Level
Year Built:
1971
Lot:
No Data
Heating:
Electric
Price/sqft:
$321
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$598,750
$377K – $1.2M
Confidence Low
List vs. estimate
$173K below estimate
List $425,000 · -29.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$320
-48.7% vs. city median $625
Based on
114 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,179
2025
View
Garden, Park/Greenbelt
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

    • Solid Surface Counters

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Covered

    • Driveway

    • Ground Level

    Property

    • Levels: One

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 7915400001

    • Zoning: R3MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Sprinkler Well

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,179

  • Source details

    • MLS ID: A4708871

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Patio And Porch Features: Front Porch / Patio / Wrap Around

    • Direction Faces: North

    • Architectural Style: Florida

    • Living Area: 1326

    • Water Source: Public

    • Subdivision Name: SPANISH MAIN YACHT CLUB CONDO

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY